Welcome to our dedicated page for Trulieve Cannabis news (Ticker: TCNNF), a resource for investors and traders seeking the latest updates and insights on Trulieve Cannabis stock.
Trulieve Cannabis Corp. reports news about its U.S. cannabis operations, financial results, dispensary expansion, regulatory developments, and capital actions. The company is a vertically integrated multi-state cannabis operator with established hubs in the Northeast, Southeast, and Southwest, anchored by markets including Arizona, Florida, Ohio, and Pennsylvania. Its updates frequently cover retail sales, margins, cash flow, senior secured note financing, and medical cannabis store openings.
Company announcements also address medical marijuana regulation, including Schedule III rescheduling and DEA registration activity for state-licensed medical operations. Product-related news highlights Trulieve's in-house and partner cannabis brands offered through its dispensary network.
Trulieve (OTCQX: TCNNF) completed the redemption of all outstanding US$368,000,000 principal amount of its 8.0% senior secured notes due 2026 on December 5, 2025.
Cash used for the redemption was approximately US$373 million, which included principal plus accrued and unpaid interest to, but excluding, the redemption date. The redeemed notes ceased trading and were delisted from the Canadian Securities Exchange as of the close of trading on December 5, 2025. Additional details are available from Odyssey Trust Company.
Trulieve (OTCQX: TCNNF) announced on Dec 3, 2025 that the Texas Department of Public Safety granted conditional approval for a Dispensing Organization license under the Texas Compassionate Use Program.
If finalized, Trulieve TX will be authorized to cultivate, manufacture, and distribute medical cannabis in Texas, expanding patient access. The license remains subject to final approval by the Texas Department of Public Safety and standard regulatory completion steps.
Trulieve (OTCQX: TCNNF) reported Q3 2025 revenue of $288 million with a 59% gross margin and GAAP gross profit of $170 million. The company recorded a net loss attributable to common shareholders of $27 million and an adjusted EBITDA of $103 million (36% of revenue). Cash flow highlights include Q3 operating cash flow of $77 million, year-to-date cash flow from operations of $214 million, and year-to-date free cash flow of $173 million. Cash at quarter end was $458 million. Trulieve operates 232 retail dispensaries, reached 820,000 rewards members, and announced a planned redemption of $368 million of senior secured notes due 2026.
Trulieve (OTCQX: TCNNF) announced a notice of redemption for all outstanding 8.0% senior secured notes due 2026 (CUSIP 89788CAD6; ISIN CA89788CAD61) with an aggregate principal of US$368,000,000. The redemption date is December 5, 2025 and the redemption price is 100% of principal plus accrued and unpaid interest to, but excluding, that date.
The company delivered the notice to record holders on November 4, 2025, expects payment and surrender to be processed through Odyssey Trust Company, and stated the Notes will be delisted from the Canadian Securities Exchange (trading symbol TRUL.NT.U). The release is informational and not an offer to purchase securities.
Trulieve Cannabis Corp (OTCQX: TCNNF) will host its Third Quarter 2025 results conference call on Wednesday, November 5, 2025 at 8:30 AM Eastern Time following the release of Q3 2025 financial results.
Kim Rivers, chairman, founder and CEO, and Jan Reese, CFO, will review financial and operating results. Participants are asked to dial in 15 minutes early and use the provided toll‑free or international numbers with passcode 9870622. A live audio webcast will be available and an archived replay will be posted at https://investors.trulieve.com/events.
Trulieve Cannabis Corp. (OTCQX: TCNNF) has expanded its beverage portfolio with the launch of five new 10mg THC-infused flavors under its Onward and Upward brands. The new additions include Berry Smash, Cosmopolitan, Lemon Drop Martini, Paloma in the Onward cocktail alternative line, and Half & Half iced tea & lemonade in the Upward energy drink collection.
CEO Kim Rivers noted strong sell-through of existing 10mg products, indicating growing market demand for THC beverages. The new products, crafted in the USA with naturally derived THC and CBD, are available online and at retail locations in Florida and Illinois through DrinkOnward.com.
Trulieve Cannabis Corp. (OTCQX: TCNNF) announced the opening of a new dispensary in Bisbee, Arizona, expanding its presence in south Cochise County. The location at 1191 S. Naco Highway will celebrate its grand opening on Friday, September 12, 2025, featuring special events from 2-6 PM including food trucks, music, and promotional activities.
The new dispensary will operate seven days a week from 8 AM to 9 PM, offering Trulieve's in-house brands including Avenue, Co2lors, Modern Flower, Roll One, and Sweet Talk, alongside partner brand products. This location adds to Trulieve's extensive Arizona footprint, which includes dispensaries across 16 cities.
Trulieve Cannabis Corp. (OTCQX: TCNNF) has secured seven Brandon Hall Group HCM Excellence Awards in 2025 for its innovative employee development programs. The company's three award-winning initiatives include TruU ATTAIN (winning four awards), Seeds to Success (winning two Silver awards), and SPHERE of Influence (winning Bronze).
TruU ATTAIN, developed for manufacturing operations, earned Gold for competencies development and video learning. Seeds to Success supports retail hires through blended learning approaches, while SPHERE of Influence focuses on peer recognition aligned with core company values. Since 2023, Trulieve has accumulated 14 Brandon Hall Group awards, demonstrating consistent excellence in employee development.
Trulieve Cannabis (OTCQX: TCNNF) has announced two key leadership appointments. Matthew Foulston joins the Board of Directors, bringing extensive financial leadership experience from his previous CFO roles at public companies including Covetrus, TreeHouse Foods, and Compass Minerals International.
Additionally, Jan Reese has been appointed as Chief Financial Officer, effective September 8, 2025. Reese brings over 20 years of finance leadership experience from various companies including Vimergy, AVI-SPL, and Tech Data Americas. He will replace Ryan Blust, who served as Interim CFO and will return to his role as Vice President, Finance.
Trulieve Cannabis Corp. (OTCQX: TCNNF) announced the opening of a new Trulieve-branded dispensary in Cincinnati, Ohio, operated by Harvest Grows LLC through a licensing agreement. The new location at 3528 Columbia Parkway will open on August 29, 2025, featuring special promotions and giveaways.
The dispensary will operate seven days a week from 9 a.m. to 9 p.m., offering walk-in, express pickup, and drive-through services. This marks Harvest Grows' second Trulieve-branded location in Ohio, complementing their existing Lorain dispensary. Trulieve currently operates five company-owned dispensaries across Ohio, located in Beavercreek, Columbus (2 locations), Westerville, and Zanesville.